Regarding stocks, could be another good year for them. The money printing goes from the fed to the banks & instead them loaning it into the economy as usual and creating instant inflation they are pumping it into things like the stock market and creating inflation there.
Totally agree. This, and share buybacks, that dwarf new IPOs (in dollar terms), and the picture is clear: big demand (money printing, struggle to find a profit, ANY profit), and less supply of stocks (buybacks > IPOs), and the picture is clear. Companies don't invest their money ATM, they rather do buybacks, to boost up their shares, consequently, corporate elite's bonuses. But it is hardly sustainable business model.
As for the "smart investors" (and let's call the thing by it's real name, "speculators" - not to belittle them, not at all, I do appreciate them for knowing how to read the markets and make a fortune while not contributing anything to the society back (which is remarkable achievement)), here's the thing: extremely few of them are ever bothered to look behind the curtains of HOW EXACTLY is this whole fecking global financial machinery working??? What makes it tick, is it a sustainable model, etc. They simply assume it always worked as it should, it
is working as it should, and that it forever
will, as it did for the last 40 some years (since Nixon).
Well, squandering that immense wealth that has been accumulated by our hardworking, prudent ancestors, mostly on wars and some stupid collectivist pipe dreams, takes its time. Soviet Russia have lasted for how long - about 70-80 years, before collapsing.
But the gears of the monetary systems worldwide are broken. Something new will have to emerge, sooner rather than later. It is simply impossible to keep it going, I mean, who the hell will be willing to take on more & more debt, just to pump some fresh blood (money) into the system? While it is bleeding out even faster.
The model is broken. Debts worldwide are accelerating faster than economic growth, and the gap between the growth and debts, is also only accelerating.
Stocks can move up, and they will, but PMs, they will shot up exponentially at some stage - when the trust in the monetary system is broken. No doubt, we will see shocking volatility even before that - all that "hot money" trying spasmodically to find some safe place to be in, while still trying to convince themselves, that "gold is a barbaric relic", before eventually capitulating (and being lucky enough, to get
any physical metal, for whatever price commanded.
It would be wise to be able to go stealth with your PM holdings while/before it happens. Better yet, keep it under the radar from get go. Because no doubts that our official bullies will do whatever they please with our properties - whichever they find valuable for them. And We the People can cry "faul" as loud as we want. It would feel awful, when you are in that position, and the government thug that you face, just laughs at you.
We have to be smarter than these psychopaths, it is due diligence.
Long story short, don't go "all in", but if you want to start, Jim Rickards still suggests 20% of your portfolio in physical PMs (he prefers gold), and I'd rather believe his narration.
"Everybody is rushing into gold", is a pile of bovine :doodoo:. People TALK a lot about gold, but ask around, how much they are actually INVESTED in it? ZIP, that's how much.